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The app’s most noteworthy new feature is the ability to edit spreadsheets, just like Google Docs. The Drive Team elaborated on the latest update via the official Google Drive blog:

From the Drive app on your iPhone, iPad or Android device, you can create a new spreadsheet or edit an existing one. You can switch fonts, resize columns, sort data, and more. And just like on your computer, you’ll be able to see other people’s edits in real time as they’re made.

The newest version also boasts improved text formatting when pasting, while Android users can exclusively edit text within tables in documents and add a homescreen shortcut to any file in Drive.

The full changelog (on Google Play):

Edit Google spreadsheets in new native editor

Edit contents of tables in Google Docs editor

Formatting is maintained when copy/pasting within Google Docs

Single tap to enter edit mode in Google Docs editor

Add a shortcut to Drive files/folders to your homescreen for quick access